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Zinc of Ireland NL

ASX:ZMI ISIN:AU000000ZMI8

Zinc of Ireland NL (ASX:ZMI), formerly Global Metals Exploration NL, is a mineral exploration company. The Company's principal activities include mineral exploration and project evaluation. The Company's projects include Kildare Project, which is located in County Kildare, approximately 40 kilometers south-west of Dublin; Ballinasloe Project, which is located in County Galway, over 50 kilometers east of Galway/Carnmore on the Glentaun-Cloonark Regional Structure; Navan Project, which is located approximately 15 kilometers south-east of the Navan Tara mine; Sligo Project, which is located over four kilometers north of Sligo in the western province of Connacht; Monaghan Project, which is located approximately 20 kilometers south-east of Monaghan in the eastern portion of the Longford-Down Inlier; Cork Project, which is located over 15 kilometers south-west of Cork, and Galway Project, which is located approximately 25 kilometers north-west of Galway in the Neoproterozoic Dalradian Supergroup.

News

Global Metals Exploration NL (ASX:GXN) is pleased to announce that the results of a recent Rotary Air Blast ("RAB") drilling program have confirmed the presence of gold mineralisation at its Jutson Rocks project, located approximately 125 km north-east of Laverton in WA. Intersections of up to 3.5 g/t Au over 4 metres have been discovered.

Global Metals Exploration NL (ASX:GXN) is pleased to announce the results of its second phase of Bulk Leach Extractable Gold ("BLEG") soil geochemical programme on the Company's Jutson Rocks project in the Eastern Goldfields region of Western Australia.

Global Metals Exploration NL (ASX:GXN) is pleased to announce that assay results have been received for the second phase of infill soil-auger drilling at the Company's Jutson Rocks project in the Eastern Goldfields region of Western Australia. The Company can also announce that rotary air-blast (RAB) drilling has re-commenced to follow up the gold anomalies defined to date.

Global Metals Exploration NL (ASX:GXN) would like to advise the market that although a Rotary Air Blast ("RAB") rig mobilised at Jutson Rocks last Thursday following a Christmas break, the rig has had to be stood down due to the onset of Cyclone Heidi in the area. Over 75-80mm of rain has fallen, which after a wet summer and wet winter, has rendered access to local roads and drill sites impassable.

Global Nickel Investments NL (ASX:GNI) is pleased to announce that the infill auger drilling and additional Bulk Leach Extractable Gold ("BLEG") sampling has now been completed on the structural gold corridor at the Jutson Rocks project, WA. Jutson Rocks is a relatively untested greenstone belt where the Company is looking for shear-zone hosted gold mineralisation. The project is approximately 30 kms to the NW of Gold Road Resources Limited's Central Bore project in the adjacent Yamarna greenstone belt and also borders Ausgold Limited's Winchester prospect.

Global Nickel Investments NL (ASX:GNI) are pleased to announce that a new auger drilling programme starts today on the Company's Jutson Rocks Greenstone Belt ("JRGB") to follow up on anomalous areas of gold.

Global Nickel Investments NL (ASX:GNI) is pleased to announce that the final results from a recently completed auger drilling programme on the Jutson Rocks project in Western Australia have shown several of the previously announced anomalous zones to be polymetallic in nature.

Following the successful announcement earlier this week of the highly encouraging first pass Bulk Leach Extractable Gold ("BLEG") geochemistry and auger drilling results in a known gold structural corridor, Global Nickel Investments NL (ASX:GNI) has now finalised a drilling contract for a RAB drilling programme across a large portion of the multiple zones of anomalous gold that were identified in earlier auger drilling. These auger results included four samples exceeding 100ppb including a maximum value of 3,050ppb (3.05g/t gold). Mobilisation has been set to occur in under a fortnight, with the RAB programme due to commence around the 10th of December.